Income Tax Appellate Tribunal dismissed the appeal in a sister matter on the same date. Consequently, this court dismissed the appeal summarily without addressing the substantive questions on depreciation. No detailed reasoning was provided.
The present appeal is dismissed consequentially to the decision in ITA No. 161 of 2010.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
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ITA No. 160 of 2010
IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH
ITA No. 160 of 2010
Date of Decision: 31.1.2011
JCT Electronics Ltd.
....Appellant.
Versus
Joint Commissioner of Income Tax
...Respondent.
CORAM:HON'BLE MR. JUSTICE ADARSH KUMAR GOEL. HON'BLE MR. JUSTICE AJAY KUMAR MITTAL.
PRESENT: Ms. Munisha Gandhi, Advocate for the appellant.
AJAY KUMAR MITTAL, J.
“A. Whether full depreciation would be permissible in “block of assets” method even though the assets are used for a very short period?
ITA No. 160 of 2010
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though one unit may not have worked for most of the year?
(JCT Electronics Ltd. v. Deputy Commissioner of Income Tax), the
present appeal is dismissed.
(AJAY KUMAR MITTAL) JUDGE
January 31, 2011 gbs
(ADARSH KUMAR GOEL) JUDGE
1 provisions across 1 enactments
JCT Electronics Ltd.
Joint Commissioner of Income Tax
Adarsh Kumar Goel
Ajay Kumar Mittal
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
